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3.2. SR 09-08-2014 �i EOty lk Request for Action River To Item Number Mayor and City Council 3.2 Agenda Section Meeting Date Prepared by Consent September 2, 2014 Cal Portner, City Administrator Item Description Reviewed by Chamber of Commerce Lease Peter Beck, City Attorney Reviewed by Action Requested Approve,by motion, an amendment to the lease for certain city property to the Elk River Area Chamber of Commerce. Background/Discussion The City Council discussed amendments to the property lease to the Elk River Area Chamber of Commerce at the work session on September 2, 2014. City Attorney Peter Beck has drafted an amendment to extend the lease for up to 3 years with the option for two single year extensions for a total of 5 years. The Chamber Board of Directors has reviewed and approved the amendment. Financial Impact N/A Attachments ■ Lease Amendment p 0 W I R I I a ATURE AMENDMENT OF LEASE This Amendment of Lease ("Amendment") entered into this day of September, 2014, by and between the City of Elk River ("Landlord") and Elk River Area Chamber of Commerce ("Tenant"). WHEREAS, Landlord and Tenant entered into a Lease dated September 1, 1994 ("Lease") pursuant to which Landlord leased to Tenant that certain parcel of real property situated in Sherburne County, Minnesota, legally-described on Exhibit A attached hereto (the "Land"); and WHEREAS, Landlord and Tenant desire to amend and extend the term of the Lease, as provided in this Amendment. NOW, THEREFORE, Landlord and Tenant agree as follows: L Article 2 of the Lease shall be deleted and replaced with the following new Article 2: ARTICLE 2. TERM 2.1) The term of the Lease as amended shall commence on September 1, 2014, and terminate on September 1, 2017 (the "Initial Term"), unless sooner terminated as provided herein. 2.2) Provided the Lease is in full force and effect and Tenant is not in default of any of the terms or conditions of the Lease, Tenant shall have the option to renew the Lease (the "Renewal Option") upon the same terms and conditions contained in the Lease, for two (2) one-year periods, the first of which shall commence September 1, 2017, and terminate September 1, 2018, and the second of which shall commence September 1, 2018, and terminate September 1, 2019. Each Renewal Option shall be exercised, if at all, by Tenant giving Landlord written notice thereof at least sixty (60) days prior to expiration of the Initial Term or the first Renewal Option. The Initial Term and the Renewal Option are collectively referred to herein as the "Term." A "Lease Year" shall mean each calendar year, in whole or in part, during the Term. 2. Section 7.2 of the Lease shall be deleted and be replaced with the following new Section 7.2: 7.2) The parties agree that Landlord shall maintain the sidewalks, driveway and parking areas on the Land, including snow removal from driveway and parking areas, and that Tenant shall be responsible for snow removal from sidewalks. Landlord agrees to repair and maintain the irrigation system for the Land and Tenant shall properly irrigate and maintain the landscaping, including trimming and mowing, for the Land. 3. Section 8.3 of the Lease shall be deleted and replaced with the following Section 8.3: 8.3) Tenant shall also, as Additional Rent hereunder and at Tenant's sole cost and expense, but for the mutual benefit of Landlord and Tenant, maintain during the Term of the Lease (a) Commercial General Liability Insurance in the minimum amount of $1,000,000 per occurrence; $2,000,000 annual aggregate, and (b) Equipment Breakdown Coverage on all steam boilers, pressure boilers, or other such apparatus as Landlord may deem necessary to be covered by such insurance and in such amount or amounts as Landlord may from time to time reasonably require. The Landlord shall be listed as an "additional insured on all such insurance policies. 4. Article 11 of the Lease shall be deleted in its entirety. 5. Article 23 of the Lease shall be amended as follows: ARTICLE 23 INDEMNITY Tenant shall indemnify, defend and save harmless Landlord against and from any and all claims by or on behalf of any person or persons, firm or firms, corporation or corporations, arising from the conduct or management of or from any work or thing whatsoever done in, on, or about the Premises, and will further indemnify and save Landlord harmless against and from any and all claims arising during the Term of the Lease from any condition of the Premises or any street, curb, sidewalk adjoining the Premises, or of any passageways or spaces therein or appurtenant thereto, or arising from any breach or default on the part of Tenant in the performance of any covenant or agreement on the part of Tenant in the performance of any covenant or agreement on the part of Tenant to be performed, pursuant to the terms of the Lease, or arising from any act of negligence of Tenant, or any of its agents, contractors, servants, employees, or licensees, or arising from any accident, injury or damage whatsoever caused to any person, firm, or corporation occurring during the Term of the Lease, in or about the Premises, or upon or under the sidewalks and the land adjacent thereto, and from and against all costs, reasonable attorneys' fees, expenses, and liabilities incurred in or about any such claim or action or proceeding brought thereon; and in case any action or proceeding is brought against Landlord by reason of any such claim, Tenant, upon notice from Landlord, shall resist or defend such action or proceeding by counsel reasonably satisfactory to Landlord. 6. All other provisions of the Lease shall remain in effect for the remainder of the Term of the Lease, as amended by this Amendment. 2 LANDLORD: CITY OF ELK RIVER By John J. Dietz, Mayor By Tina Allard, City Clerk TENANT: ELK RIVER AREA CHAMBER OF COMMERCE By: Its: 759993.DOCX 3